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Thread: Millionaires in the TSP

  1. #1

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    Default Millionaires in the TSP

    Great article over on FedSmith.com - For the Informed Fed about TSP Millionaies-


    extract:
    Number of TSP Millionaires

    Here is a tally of the number of TSP millionaires by year. In the earlier years listed, the data
    are not always taken on the same date so these figures are approximate.

    Year Number of TSP Millionaires
    2018 21,432
    2017 23,962
    2016 9,599
    2015 3,272
    2014 4,167
    2013 1,695
    2012 562
    2011 208
    Account Balances in the TSP
    Fedsmith's writer Ralph R. Smith does a great job looking at actual data of TSP accounts.

    link:
    https://www.fedsmith.com/2019/02/04/...-savings-plan/


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  3. #2

    Default Re: Millionaires in the TSP

    that's going to be a ton of Fed taxes paid when those retire and start withdrawing.
    "Our Constitution was made only for a Moral and Religious people. It is wholly inadequate to the goverment of any other." John Adams 10/11/1798

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  5. #3

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    Default Re: Millionaires in the TSP

    Ima be part of this group someday, better believe that

    Only way it doesn't happen is if my Roth IRA is already worth millions by the time I'm 59 and retire 'early'. If that happens then awesome, would be nice to withdraw it all and sticking a big FU to the tax man

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